Funded Startups in Johannesburg
Across the 46 most recent Johannesburg-area rounds shown, the largest disclosed amount is $250M for TymeBank dated 2024-12-17.
Across the 46 most recent Johannesburg-area rounds shown, the largest disclosed amount is $250M for TymeBank dated 2024-12-17. That figure sits far above the next-largest disclosed amounts in the table (for example, $114M for Founders Factory Africa on 2023-08-16; $100M for MFS Africa on 2022-06-14), making the TymeBank round a clear outlier relative to most other disclosed rounds. At the low end, the smallest disclosed amount shown is $10K (Athena on 2024-08-05; Thumeza on 2023-07-10), versus multiple rounds clustered in the $50K–$3M band.
The entries span from 2020-06-08 (Merge) to 2025-11-07 (Volarem), and several of the biggest funds concentrate in a mid-to-late 2024 window: TymeBank ($250M, 2024-12-17), Naked Insurance ($38M, 2025-01-21), and Enko Education ($24M, 2025-01-22) follow earlier 2025 activity such as Wetility ($28M, 2025-06-18) and Pele Energy Group ($31M, 2025-03-04). Sector-wise, Financial Services appears repeatedly (e.g., TymeBank, Naked Insurance, Sourcefin, Pineapple, VALR, and multiple “Franc” entries), while Series Unknown and undisclosed amounts are both frequent (Series Unknown: 20 rows; undisclosed: 8 rows), shaping how consistently stage and deal size can be compared.
Most recent rounds
46 shownRelated listings
Frequently asked
What’s the largest disclosed round in this Johannesburg list, and how much bigger is it than the rest of the disclosed deals?
The largest disclosed amount shown is TymeBank’s $250M (2024-12-17). It dwarfs the next-largest disclosed amounts visible here, including Founders Factory Africa’s $114M (2023-08-16) and MFS Africa’s $100M (2022-06-14).
Do the biggest rounds cluster in a particular time window within the 2020–2025 range shown?
Yes. A dense run of large disclosed rounds appears from late 2024 into early 2025: TymeBank $250M (2024-12-17), Naked Insurance $38M (2025-01-21), and Enko Education $24M (2025-01-22), followed by Wetility $28M (2025-06-18) and Pele Energy Group $31M (2025-03-04).
Which disclosures are most difficult to compare because they are labeled Series Unknown or undisclosed?
Series Unknown accounts for 20 rows (for example, Wetility on 2025-06-18 and AURA on 2025-05-16), while undisclosed amounts appear in 8 rows (for example, 36ONE Asset Management on 2025-10-09 and DigiSquad on 2025-04-23). Those classifications reduce confidence when ranking deals by stage or absolute size.
Is Financial Services over-represented compared with other sectors in this table?
Financial Services shows up repeatedly across multiple dated rounds, including TymeBank (2024-12-17, $250M), Naked Insurance (2025-01-21, $38M), Sourcefin (2024-12-18, $8M), Pineapple (2023-11-14, $4M), VALR (2020-07-21, $3M), and both Franc entries (2024-02-14 and 2020-07-07).
Are there notable low-end outliers among the smallest disclosed rounds?
The smallest disclosed amount shown is $10K, occurring at Athena (2024-08-05) and Thumeza (2023-07-10). Those sit at the bottom of a list where many other disclosed rounds are in the $50K to multi-million range, making them distinct among disclosed deals.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.